Fort Lauderdale, Florida-based Metals USA Holdings Corp., which operates 34 service center facilities throughout the US, Tuesday announced the acquisition of J. Rubin & Co., an established metal service center with locations in Illinois, Wisconsin and Minnesota. J. Rubin's product range consists of carbon steel bars, carbon plate and laser-cut flat-rolled products.
"We are very pleased to welcome the J. Rubin team to the Metals USA family. J. Rubin represents every element that we look for in an acquisition: great management, profitability, and a broad product mix," said Lourenco Goncalves, Chairman, President and CEO of Metals USA. "This transaction fits squarely within the growth strategy that we articulated during our IPO process and we are continuing to evaluate additional strategic acquisition opportunities."